1325 N Franklin Street

Description

Welcome to 1325 N Franklin Street — a true gem in the heart of Ludlow / Olde Kensington, one of Philadelphia’s most desirable and fast-growing neighborhoods! This quadruplex offers an incredible blend of comfort, income potential, and long-term appreciation surrounded by million-dollar new construction and vibrant city life.Step inside to discover four spacious units that all feel like home. The first-floor unit spans the full length of the property and features 3 bedrooms, 2 full baths, and a bright, open layout that feels more like a single-family home. Upstairs, you’ll find two stylish 2-bedroom, 1-bath units and a unique bi-level 2-bedroom, 2-bath unit that faces the front of the building (currently the only unit rented for $1,600/month)—each filled with natural light, high ceilings, and warm character. All units feature granite countertops, central air, and separate utilities, ensuring easy management and modern comfort.The basement provides shared laundry and even has the potential to be converted into another unit or studio space—offering even more upside for the savvy investor. The property recently received new star bolts, ensuring long-term structural security and peace of mind.Here’s where it gets exciting: this property has incredible income potential, with market rents in this zip code reaching approximately $2,850/month for the 3-bedroom and $2,350/month for the 2-bedrooms — a potential $9,900 per month in gross rental income! Two tenants are currently below market, giving the next owner a golden opportunity to maximize cash flow or add value through updates.Whether you’re looking to live in one unit and let the others pay your mortgage, operate as an Airbnb, or even convert into individual condos (with nearby units selling for $300K+ each), the possibilities here are limitless.Located minutes from Temple University, Northern Liberties, Fishtown, and Center City, 1325 N Franklin offers the best of both worlds—urban accessibility and a neighborhood vibe that continues to rise in value. Walk to local favorites like ReAnimator Coffee, Laser Wolf, and Stateside Vodka, or hop on public transportation for an easy city commute to Center City, Northern Liberties or Fishtown.With strong rental demand, long-term appreciation, and multiple exit strategies, 1325 N Franklin St is more than a property—it’s an opportunity to create wealth, stability, and freedom.